Saturday, May 06, 2006 6:14:37 AM
Coda Octopus Opens New Office in Florida to Accommodate Planned US Sales Team Expansion
NEW YORK, NY--(MARKET WIRE)--May 5, 2006 -- Coda Octopus Group, Inc. (Other OTC:CDOC.PK - News), a world leader in 3D subsea technology with key applications in port security and defense, today announced that it has opened a new sales and marketing office in St. Petersburg, Florida, which became operational on May 1st 2006.
Jason Reid, CEO, commented, "The new space is an addition to the Company's nearby existing office and will enable us to expand our US sales operations, which are already run out of Florida. Within a short period of time, we expect to have up to six staff working from this facility. The opening of this office reflects the Company's commitment to the region which is becoming an increasingly important one in the marine industry; it will also help us to build on our already close association with the University of South Florida, which is a key player in the industry."
About Coda Octopus
Founded in 1994 as Coda Technologies, Coda Octopus is recognized internationally as a leading developer of underwater technologies for imaging, mapping, defense and survey applications. Based in New York, with R&D, manufacturing, and sales facilities in the UK, Norway, and Florida its key products include Octopus precision motion sensors, Coda and Octopus marine software and systems, Octopus thermal printers and the unique Coda Echoscope -- the first real-time 3D subsea sonar -- with particular applications in the homeland security and construction markets. With this patented new product, which revolutionizes subsea visualization, Coda Octopus believes it is well on its way to becoming the world's leading sonar technology company.
For further information, please visit http://www.codaoctopus.com or contact Coda Octopus at info@codaoctopus.com
Safe Harbor Statement: Except for historical information, the matters set forth herein, which are forward-looking statements, involve certain risks and uncertainties that could cause actual results to differ. Potential risks and uncertainties include, but are not limited to, market acceptance of Coda Octopus' planned products and their level of sales, the competitive environment and successful technical and economic implementation.
Contact:
Contact
Press (North America)
Ken Donenfeld
DGI Investor Relations, Inc
kdonenfeld@dgiir.com
tel +1 212 425 5700
Investor Relations
Ira Weingarten
Equity Communications, LLC
Ira@equitycommunication.com
tel +1 805 897 1880
Recent CODA News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 06/12/2024 12:00:56 PM
- Coda Octopus Group Reports Fiscal Second Quarter 2024 Financial Results • GlobeNewswire Inc. • 06/12/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/29/2024 08:05:19 PM
- Coda Octopus Group Elects Dr. Angus McFadzean to its Board of Directors • GlobeNewswire Inc. • 05/29/2024 12:00:00 PM
- Coda Octopus Group Sets Fiscal Second Quarter 2024 Earnings Conference Call for Wednesday, June 12, 2024, at 10 a.m. Eastern Time • GlobeNewswire Inc. • 05/23/2024 10:00:00 AM
- Coda Octopus Group Announces Launch of AI-Based Digital Audio Communications System “Voice HUB-4” After Successful Tests with Naval Customers. • GlobeNewswire Inc. • 04/29/2024 12:00:00 PM
- Coda Octopus Group Reports Sizable Sale of Echoscope PIPE® Sonars to Major Offshore Service Provider. • GlobeNewswire Inc. • 04/23/2024 12:00:00 PM
- Coda Octopus Group Appoints Gwenael Rouy Poirier to its Board of Directors • GlobeNewswire Inc. • 04/15/2024 10:45:00 AM
- Coda Octopus Group Reports that its Echoscope® Technology used as the Primary Survey Tool in the Francis Scott Key Bridge ongoing salvage operations. • GlobeNewswire Inc. • 04/02/2024 11:25:00 AM
- Coda Octopus Group Reports Fiscal First Quarter 2024 Financial Results • GlobeNewswire Inc. • 03/18/2024 10:00:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/08/2024 09:05:34 PM
- Coda Octopus Group, Inc., Sets Fiscal First Quarter 2024 Earnings Conference Call for Monday, March 18, 2024, at 10 a.m. Eastern Time • GlobeNewswire Inc. • 03/08/2024 02:09:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/16/2024 09:05:27 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 01/29/2024 11:04:31 AM
- Coda Octopus Group Reports Fiscal 2023 Financial Results • GlobeNewswire Inc. • 01/29/2024 11:00:00 AM
- Coda Octopus Group Sets Fiscal Year 2023 Earnings Conference Call for Monday, January 29, 2024 at 10 a.m. Eastern Time • GlobeNewswire Inc. • 01/18/2024 11:00:00 AM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 11/29/2023 05:01:39 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 10/24/2023 05:35:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/10/2023 08:05:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/10/2023 08:05:38 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/29/2023 08:05:18 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/29/2023 08:05:13 PM
- Coda Octopus Group Announces Increase in Scope of Supply Under Key Defense Program, Resulting in Increased Order Value • GlobeNewswire Inc. • 09/18/2023 10:00:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/13/2023 08:05:36 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 09/13/2023 01:00:53 PM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM